FirstEnergy (FE) Technical Analysis

FirstEnergy Corp (FE) has been experiencing a downward trend in recent months. A technical analysis of the stock reveals several indicators signaling a potential decline. The stock's RSI (Relative Strength Index) is currently below 50, indicating bearish sentiment among investors. Additionally, the stock's ADX (Average Directional Index) is above 30, suggesting a strong downtrend. The MACD (Moving Average Convergence Divergence) indicator also shows a bearish crossover, further supporting the likelihood of a decline.

The stock's ROC (Rate of Change) is negative, indicating a decreasing momentum. The STOCHRSI (Stochastic Relative Strength Index) is also in oversold territory, indicating that the stock may be due for a rebound in the near future. However, the WILLR (Williams %R) indicator is below -80, suggesting that the stock is currently in oversold territory. Overall, the technical analysis rating for FirstEnergy Corp is bearish, with several indicators pointing towards a potential decline.